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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: Rarebird who wrote (201177)	9/2/2023 2:06:56 PM
From: carranza2	Read Replies (1) \| Respond to of 217657

I just love being lectured to by the most patronizing self-absorbed poster on SI. You have no clue. The "liberal" fiscal policies have created a mountain of debt, both private and public, which is unpayable. if you knew anything about macro-economics, which you clearly don't despite your self-professed expertise, you would know that serial increases in debt create very little growth as the stimulus gets larger and more frequent, which is exactly what we have here. We have a debt to GDP ratio which is the envy of failed and failing economies. ceicdata.com These huge increases in public debt means that taxation will inexorably rise, which in turn means that capital formation will suffer. Which means that GDP growth will fall or stall. Ask the Japanese, they know all about it. And because interest must be paid on the public debt, infrastructure and public services will come down substantially at a time when new infrastructure is desperately needed. This is especially true if our insane defense spending continues to take up such a huge portion of the budget. So, yeah, that is exactly what liberal fiscal policies have wrought and will bring us. In the meantime, a corrupt and demented political hack does what he can to squeeze out whatever political juice he can from a "liberal" fiscal policy. Rah, rah, go Ukraine, we'll send you (and waste) billions upon billions because Putin is a bad man. Good Lord. Biden is slowly feeding strychnine to the American economy at a time when he should be concentrating on reducing debt and decreasing spending. So please don't lecture me, you know diddly squat and you certainly do not know what my full political views are or how they fit into the mainstream thinking of "socially exclusive clubs." You really think a demented, corrupt, dumb President such as Biden with his horrible family life, is a shining beacon of intelligence and good policy? A guy who will lie about everything and I do mean everything: From the death of wife and his son to his academic record, to his kitchen fire, certainly about his IQ. He will lie when the truth will do. He is a fine and shining example for the youth of our country. He will go down as one of the worst Presidents ever. Just what we need at a critical time in our history, an incompetent small State hack with (can it possibly be?) an even worse VP. Even if your defense of Biden held water (it doesn't), his other negative attributes and policy choices far outweigh what good might exist in them. It would be like having an elephant and a mouse on opposite ends of a teeter-totter. Please don't respond. I don't care for your arrogant, patronizing tone.